The bulls just couldn’t put any strength together and really push this market higher. We ended up running into the 1368 resistance level and gave back most of our gains. The choppy action continues in the market making it good for day traders but a killer to swing traders. We are still working off 3 months of solid gains in the market so a correction was expected at some point. Where will this correction take us, we just don’t know yet.
{denvideo http://www.youtube.com/watch?v=vTMjRu8albE}
